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Our Recruitment Referral Bonus Scheme Policy Template outlines the guidelines and procedures for employees to refer qualified candidates for open positions within the company, offering incentives for successful hires.
1 Introduction
1.1 If all conditions of this policy are met, [Company] will give an introduction bonus of [amount] to any employee who introduces a job candidate who is later hired by the company as a result of that introduction.
1.2 Each new hire will only be eligible for one introduction incentive. The employee whose name is submitted first in accordance with protocol will get the introduction bonus if more than one eligible employee references the same successful job application.
1.3 Tax and national insurance deductions are applicable to the introduction bonus.
1.4 An employee is free to recommend as many people as they like. [Any referral must, however, be in relation to a specific vacancy.]
2 Terms and conditions
The following requirements must be met in
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Yes. The Recruitment referral bonus scheme policy template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.
Absolutely. As with the Recruitment referral bonus scheme policy template, all of our templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.
Yes, we highlight the areas of the Recruitment referral bonus scheme policy template that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.
Yes. Once purchased, you'll be able to download the Recruitment referral bonus scheme policy template instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.
If you're looking for broader support, we also offer toolkits and library bundles that include the Recruitment referral bonus scheme policy template, along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need deeper advice.
The risk of using a free AI-generated template 'without review' includes your legal exposure, missing context, and no awareness of the wider process, whereas purchasing the Recruitment referral bonus scheme policy template from us mitigates that risk.
Recruitment and selection policies
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